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soybeans
04/06/2022
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By Cassie B.
Soaring fertilizer prices ahead of planting season could lead to higher food prices, shortages
Fertilizer prices continue to set new records amid Russia’s invasion of Ukraine, which is putting a significant portion of the global supply of fertilizer at risk and contributing to rising food inflation. On Friday, prices for ammonia, a nitrogen-based fertilizer, climbed by 43 percent to reach $1,625 per metric ton. This marked a new record […]
03/10/2022
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By Mary Villareal
Price of wheat soars to record high as war between Russia and Ukraine continues
The war between Russia and Ukraine has already driven up gas prices. Now, the price for wheat has also surged to its highest level. Wheat price is now at a record $12.94 per bushel, up 70 percent over the last month, as measured by a futures contract on the Chicago Board of Trade. The conflict […]
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